Original Right definition

Original Right. Preamble.
Original Right shall have the meaning set forth in Section 1(d)(i) hereof.
Original Right shall have the meaning set forth in the recitals hereto.

Examples of Original Right in a sentence

  • On April 29, 1988, the Board of Directors of the Company adopted a shareholder rights plan governed by the terms of a Rights Agreement (as amended and restated as of March 5, 1996, the "Original Agreement") and authorized and declared a dividend of one preferred share purchase right (an "Original Right") for each share of Common Stock, par value $.50 per share, of the Company (the "Common Stock") outstanding on May 9, 1988.

  • The Board of Directors of the Company has approved the amendment and restatement such that, as of April 27, 1999, each Original Right shall be deemed to be a common share purchase right (a "Right") having the rights assigned to it pursuant to this Agreement.

  • The Board of Directors of the Company has approved the amendment and restatement such that each Original Right shall be deemed to be a preferred share purchase right (a "Right") having the rights assigned to it pursuant to this Agreement.

  • The Company hereby grants the Participant ___ Performance Shares, subject to the terms and conditions of this Agreement and the Plan (the “Award”).

  • SUMMARY OF RIGHTS TO PURCHASE Shares of Preferred Stock On January 5, 1994 the Board of Directors of BJ Services Company (the "Company") declared a dividend of one preferred share purchase right (an "Original Right") for each outstanding share of common stock, par value $.10 per share of the Company (the "Common Stock").

  • The Board of Directors of the Company has approved the amendment and restatement such that as of September 1, 1999, each Original Right shall be deemed to be a common share purchase right (a “Right”) having the rights assigned to it pursuant to this Amendment.

  • This Agreement contains the complete ------------------ agreement between the parties and supersedes any prior understandings, agreements or representations by or between the parties, written or oral, which may have related to the subject matter hereof in any way, including, without limitation, the Original Right of First Refusal Agreement.

  • The Original Right of First Offer and Co-Sale Agreement has been amended in accordance with Section 5.7 of the Original Right of First Offer and Co-Sale Agreement; and the Original Right of First Offer and Co-Sale Agreement is hereby amended and restated and this Amended and Restated Right of First Offer and Co-Sale Agreement replaces the Original Right of First Offer and Co-Sale Agreement.

  • SUMMARY OF RIGHTS TO PURCHASE Shares of Preferred Stock On November 16, 1995, the Board of Directors of Northwest Airlines Corporation (the "Company") authorized and declared a dividend of one preferred share purchase right (an "Original Right") for each outstanding share of Class A Common Stock, par value $.01 per share, of the Company and Class B Common Stock, par value $.01 per share, of the Company.

  • This amount differs from the initial “strike” price of $15.00 for the Original Right.


More Definitions of Original Right

Original Right has the meaning set forth in the definition ofBeneficial Owner.”

Related to Original Right

  • Original Rights shall have the meaning set forth in Section 1(f)(i) hereof.

  • First Refusal Right means the right granted to the Corporation in accordance with Article E.

  • Original RRA shall have the meaning given in the Recitals hereto.

  • Commercial Rights means any and all rights of a commercial nature connected with the Event including, without limitation, broadcasting rights, sponsorship rights, merchandising and licensing rights, ticketing rights, promotional rights, catering and hospitality rights, New Media rights and interactive games rights;

  • Secondary Refusal Right means the right, but not an obligation, of each Investor to purchase up to its pro rata portion (based upon the total number of shares of Capital Stock then held by all Investors) of any Transfer Stock not purchased pursuant to the Right of First Refusal, on the terms and conditions specified in the Proposed Transfer Notice.

  • Call Right The right of the holder thereof (or any successor), as named in the applicable Supplement, to purchase Certificates from the Holders thereof or to purchase Underlying Securities from the Trust.

  • Mineral Rights means all rights, whether contractual or otherwise, for the exploration for or exploitation or extraction of mineral resources and reserves together with surface rights, water rights, royalty interests, fee interests, joint venture interests and other leases, rights of way and enurements related to any such rights;

  • Moral Rights means any right to claim authorship of a work, any right to object to any distortion or other modification of a work, and any similar right, existing under the law of any country in the world, or under any treaty.

  • Option Period means the period during which an Option may be exercised.

  • Preferential Rights means any right or agreement that enables any Person to purchase or acquire any Asset or any interest therein or portion thereof as a result of or in connection with (a) the sale, assignment or other transfer of any Asset or any interest therein or portion thereof, or (b) the execution or delivery of this Agreement or the consummation or performance of the terms and conditions contemplated by this Agreement.

  • Original Holder shall have the meaning given in the Recitals.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Repurchase Right means the right granted to the Corporation in accordance with Article D.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Option Warrants shall have the meaning ascribed to such term in Section 2.2(a).

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Date of Grant means the date on which the granting of an Award is authorized, or such other date as may be specified in such authorization.

  • Purchase or Sale of a Security means obtaining or disposing of "Beneficial Ownership" of that Security and includes, among other things, the writing of an option to purchase or sell a Security.

  • Call Rights As defined in Section 9.01(f).

  • Second Notice has the meaning set forth in Section 6.2(ii)(b) hereof.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.